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The table contains price-supply data and price-demand data for corn. Find a linear regression model for the price-supply data where x is supply (in
The table contains price-supply data and price-demand data for corn. Find a linear regression model for the price-supply data where x is supply (in billions of bushels) and y is price (in dollars). Do the same for the price-demand data. Find the equilibrium price for com Find a linear regression model for the price-supply data where x is supply (in billions of bushels) and y is price (in dollars) (Type an equation using's as the variable Round to two decimal places as needed) Price (S/bu) Supply (billion bu) Price (S/bu) Demand (billion bu) 2.12 6.48 2.08 9.84 222 729 215 9.48 2.35 7.51 229 8.37 2.43 7.98 2.38 8.12 2.41 8.08 2.38 7.73 2.53 8.22 2.48 6.85
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